NOTE's year-end report 2013
Financial performance October-December
- Sales totalled SEK 255.3 (240.4) million.
- The operating result amounted to SEK 9.7 (-5.4) million.
- The operating margin was 3.81% (-2.31%).
- Profit after net financial items totalled SEK 6.4 (-6.8) million.
- Profit after tax totalled SEK 7.7 (-7.8) million, corresponding to SEK 0.27 (-0.27) per share.
- Cash flow after investments totalled SEK -2.3 (26.1) million, corresponding to SEK -0.08 (0.90) per share.
Financial performance January-December
- Sales totalled SEK 907.0 (1 029.2) million.
- The operating result amounted to SEK 9.0 (26.0) million. The underlying operating result, excluding provision for bad debt, amounted to SEK 17.4 (38.6) million.
- The operating margin was 1.01% (2.51%).
- Profit after net financial items totalled SEK 1.2 (19.1) million.
- Profit after tax totalled SEK 0.7 (12.6) million, corresponding to SEK 0.02 (0.44) per share.
- Cash flow after investments totalled SEK -2.0 (97.0) million, corresponding to SEK -0.07 (3.36) per share.
Dividends
The Board proposes that no dividend be paid to shareholders. Last year, the dividend was SEK 0.75 per share, corresponding to SEK 21.7 million. The Annual General Meeting will be held on 25 April 2014.
NOTE's year-end report for 2013 is available from today in PDF format on the group's website, www.note.eu, and is attached to this press release. The Interim Report for January-March will be presented on 25 April.
For further information, please contact:
Peter Laveson, President and CEO, tel. 08-568 990 06, 070-433 99 99
Henrik Nygren, Chief Financial Officer, tel. 08-568 990 03, 070-977 06 86
About NOTE
NOTE is one of northern Europe's leading manufacturing and logistics partners for electronics production. NOTE manufactures printed circuit boards, sub-assemblies and complete products (box build). Its customer offering covers the whole product lifecycle, from design to after-sales. NOTE is established in Sweden, Norway, Finland, the UK, Estonia and China. Sales for 2013 totalled SEK 907 million and the group has some 850 employees. NOTE is listed on NASDAQ OMX Stockholm. For more information, please visit www.note.eu. www.note.eu.
NOTE AB (publ) is publishing this information in accordance with the Swedish Securities Markets Act. The information was submitted for publication at 14:00 on 28 February 2014.